I haven't seen their taxes, but I try not to lump all that together - sm Posted: Dec 14th, 2017 - 2:36 pm In Reply to: But I bet you don't mind subsidizing Trump - for his big tax breaks
We've already established (as evidenced by your abrupt subject change) that the wealthy won't be able to deduct as much as they used to. So while Trump's tax rate % will drop, I would assume the lack of deductions will cause him to pay more in tax than he does now. But that's something we may never know.
What I do know is that I'm going to be saving money on my taxes. Additionally, refuting these talking points has shown me that most Americans will save a lot of money. I would have never looked up the averages for yearly property tax or yearly mortgage interest. The posts here got me curious. Now I'm more in favor of the tax plan than I was before. By any objective measure it makes a lot of sense.
Yes. I'm okay with corporations getting a tax break. Obama raised their taxes and increased regulation and that didn't help me. If Trump lowers their taxes and decreases regulation that might help. If it not, then I'm not sure what will.
My personal opinion is competition from small business is the only thing that can bring down corporations. Reducing regulations and taxes on business (in general) will make small businesses more competitive and that will hurt corporations.
Since you changed the subject, I'd love to hear your ideas about this. What do you suggest to take down corporations? Given that Obama's method didn't work and you apparently don't agree with Trump's ideas. What would you do differently than Obama and Trump?
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